Read This Before You Take Medicare Benefits
Most Americans are eligible for Medicare benefits beginning in the month of their 65th birthday. Although it is the most widely used health insurance plan in the United States, many pre-retirees don't understand it well. With that in mind, if you're getting close to turning 65, here's some basic information about Medicare that you need to know.
There are four different types of Medicare insurance, known as "parts," designated with letters A through D. Here's the difference between each one:
Collectively, Medicare Parts A and B are known as "original Medicare." These are the parts that nearly all senior citizens have.
Source: Fool.com